Ukraine: Agricultural exports rose 80% in May – Remain lower than 2021

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Ukraine’s exports of cereals, olive seeds and vegetable oils increased by 80% in May on a monthly basis to 1.743 million tonnes but volumes continue to be significantly lower than exports in May 2021, the Ministry of Agriculture announced today.

The ministry announced that corn dominates exports with 959,000 tons, while sunflower oil exports amounted to 202,650 tons.

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Ukraine exported 2.245 million tonnes of corn and 501,800 tonnes of sunflower oil in May 2021.

The ministry said Ukraine’s grain exports had reached 47.2 million tonnes so far between July 2021 and June 2022, including 148,000 tonnes in the first five days of June.

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Ukraine exported up to 6 million tonnes of grain a month before Russia invaded the country, but in recent months volumes have fallen to about 1 million tonnes.

Ukraine, a leading producer of agricultural products, used to export most of them from seaports but due to the Russian invasion was forced to export by train via its western border or smaller ports on the Danube.

According to the ministry, a total of 3.04 million tonnes of various agricultural products were exported from Ukraine during the three months of the Russian invasion.

Source: AMPE

Source: Capital

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